FX.co ★ Israeli Consumer Sentiment Softens in May as PCSI Edges Down

Israeli consumer confidence weakened slightly in May 2026, as the Thomson Reuters IPSOS Primary Consumer Sentiment Index (PCSI) slipped to 47.38, down from 47.88 in April 2026. The latest reading, updated on 14 May 2026, points to a modest month-over-month deterioration in sentiment.

The May figure marks a continuation of subdued consumer mood, with the index remaining below the 50-point threshold that often separates pessimism from optimism. On a month-over-month basis, the “Actual” comparison shows that confidence in May decreased relative to April, while the “Previous” comparison reflects the change recorded in April versus March.

Although the decline from 47.88 to 47.38 is marginal, it underscores a cautious stance among Israeli consumers as they assess personal finances, job prospects, and the overall economic outlook heading into mid-2026.